The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-11-19

6ii-16 o6.slO. Moiasses dull. Rice steady.
Tallow firm at 4s IA 7-l6c. Rosin steady.
Eggs firm. and in fair demand; receipts, ,300
packages; Western, 12024c.
Pork stronger and more active; mess quoted
at 14c for old; IA. rs a 15c for new. Cut meats
fairly active: Western steam. spot 7.370I373e;
November. 40 z 25c; December. 6 90 Z Ice;
January. 1897. pc; February, z1o0Z27c;
May. T. % q 7. 48c; city steam, &c.
Butter firm; Western, Is 028c; Western
creamery 16028c. Cheese steady; demand
light; Western. 940Ilc.
CHICAGO, Nov 18-Pork was s.on the ram
page to-day. and. with net advance of 624c
over last nights figures, took much of the
weakness out of grain that this evening wheat
shows only &c decline from the prices twenty
four hours previous, corn &c, and oats &c. Lard
and shortribs accompanied pork upward Doc
wheat was brought out than yesterday, in the
aggregate, though it cans from totally different
sources. Yesterday 1t was the big fellows who
got rid of holdings; to-day il was the little fell
lows The kilograms sent out after the close
last night covered the situation pretty fully.
and, if not actually advising small holders TO get
out seemed at least TO conduce to make the action
most natural to the out-of-town operators
namely. to sell a break Thus it was that
the floor this morning was covered
with orders to sell, and property came
out all the way down to 754c for December
wheat. falling off from opening prices
of &c Then came the boom in pork, and wheat
EBiIeI &C IOr DeceIn Der Uub III the uual Oeal-
ings there fractional reaction, December
leaving off at 755 075sc Corn was fairly active
and irregular. the market ruling weak early,
the near futures in particular, due to the re-
action in wheat, anticipated larger receipts and
railing off in the demand for cash corn. Later
the market became firmer due to a prominent
local operator buying freely and the advance in
pork. and prices recovered to about last nights
figures, but in the last dealings of the afternoon
the market eased off slightly, closing at 484c
asked for May. Fluctuations were within
range of &c. Receipts were somewhat larger
than anticipated, and estimated arrivals for to-
morrow show some increase. The demand for
cash corn was less urgent. shippers discriminate
ing and prefsrring houses where they were
loading. Oats were affected !c by the
under the influence of pork, oats reacted
&c, and closed at 30sc. The provision market
cut loose from all ordinary influences. and, as an
operator expressed it, ''The market ran away
from the crowd. who thought they could play
see-saw. and they got whipsawed." The break
yesterday induced the local crowd to unload and
get ''short" In expectation that the country men
who had bought would be forced to throw over
their holdings The scalpers we're badly beaten,
however, the markets opened about where
they left off yesterday and prices started up i'm
mediately. There was good outside and heavy
local buying, the general trade being exceedingly
heavy. Mess pork the favorite and ad-
vanced irreeularly 62Ac. January touching its
the afternoon session. Lard went up SOC on
buying by a large Hebrew operator, January
selling from g. 75c to zO5c bid, the latter being
the last price of the day. Short ribs were
active, and advanced .25c, closing at 7c bid jan
uary. The leading futures ranged as follows